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of collective action on issues like foreign policy and trade, and when we leave the door from the open to new members. a new settlement subject to the democratic legitimacy and accountability of national parliaments where member states combined in flexible cooperation, respecting national differences and not always trying to eliminate them, and in which we have proved that some powers can, in fact, be returned to member states. in other words, a settlement which would be entirely in keeping with the mission for an updated european union i have described today. more flexible, more adaptable, more open, fit for the challenges of the modern age. now, to those who say, and there are those who say it, that a new settlement can't be negotiated, i would say listen to the views of other parties in other european countries arguing for powers to flow back to european states. and also look to at what we've achieved already. we have ended the obligation for britain to bail out the eurozone members. we have kept britain out of the fiscal compact. we have launched a process which turns an existing justice
, congress and the administration should be implementing policies that encourage job creation, rein in government regulations, replace our convoluted tax code with one that is fair, simple and certain, open foreign markets to american manufactured goods and agricultural products and develop a comprehensive energy policy. we are not immune from the laws of economics that face every nation. the congressional budget office estimates that government spending on health care entitlements, soegts security and -- social security and interest on the national debt will consume 100% of the total revenues generated by the federal government by the year 2025. that means the money that the government spends on national defense, transportation, veterans health care and other government programs will have to be borrowed, driving us even further into debt. c.b.o. issued a report last june which warned that unless we work to reduce our debt, we face the increased probability of a sudden fiscal crisis that would cause investors to lose confidence in the government's ability to manage its budget and th
Search Results 0 to 1 of about 2